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Medina ‘given distorted data’ on used vehicle imports

Santo Domingo.- Used vehicles importers on Tuesday affirmed that president Danilo Medina was given distorted data on the possible fall in tax revenues if the limit for vehicles brought into the country were extended from 5 to 7 years of manufacture.

Used Vehicles Importers Association (ASOCIVU) president Ramon Ramos said if Medina signs the amendment to the law which increases the age limit on import vehicles, revenues wouldn’t fall but increase instead, because they’ll bring more autos.

For Luis Taveras, president of the Vehicle Dealers Association (ANADIVE), evidence shows that adding two years to the current limit wouldn’t damage the environment or contribute to decrease revenue.

Taveras asked Medina to receive them to explain their sector’s situation. “We need to show you, to debunk this distortion that they have stated,” in reference to the new car dealers.

On Friday Medina vetoed and returned to Congress the bill aimed at extending the number of years on used vehicles brought to the country, alleging a possible cut in revenue and environmental pollution.

Source: DT

Category: DR News |

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Last updated March 23, 2017 at 1:16 AM
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